NEW YORK--(BUSINESS WIRE)--3D Printing and Technology Fund (TDPIX, TDPNX) changed its name today to 3D Printing, Robotics and Technology Fund to better reflect that many Fund holdings are in the robotics field, and reflecting an increasingly strong connection between the fields of 3D printing and robotics.
“3D printing continues to be a rapidly growing field as it disrupts traditional manufacturing and aids the growth of new medical, dental and bioprinting horizons,” stated Alan Meckler, Lead Portfolio Manager. “Adding Robotics to our Fund name is logical as the robotics field is growing rapidly too and there are many sectors where the lines are blurred between 3D printers and robots. In fact 3D printers are essentially robots. We are excited to have one of the few investment vehicles in the mutual fund space that targets these two dynamic areas of growth.”
3D Printing, Robotics and Technology Fund is managed by 3D Printing Fund Advisers, LLC, with Alan M. Meckler serving as Lead Portfolio Manager and John M. Meckler as Co-Portfolio Manager and Chief Compliance Officer.
3D Printing, Robotics and Technology Fund is available for purchase via online brokerages Schwab, Vanguard and Scottrade, as well as directly through the Fund’s website, http://www.3dpfund.com. In addition, the Fund is offered through Pershing, Matrix Financial, SEI Investments, and a number of other dealers and networks.
Investment from non-United States residents may be permitted on a case-by-case basis and only if permissible under the laws of the country in which the investor resides. This press release is not a solicitation or offer to sell the Fund.
About 3D Printing Fund Advisers, LLC
Alan M. Meckler, Lead Portfolio Manager, has 40 years of experience in the media industry and was the lead executive for two initial public offerings and three secondary offerings. He is responsible for the day-to-day management of the Fund's portfolio. Mr. Meckler is currently Chairman of the Board and Chief Executive Officer of MecklerMedia Corp., and the founder of the Inside 3D Printing trade shows that take place in the United States and in several countries around the world. Previously, Mr. Meckler had been Chairman and CEO of Mecklermedia Corporation from December 1993 until it was acquired by Penton Media in November 1998. Mr. Meckler also served in the same roles at Jupitermedia and Mediabistro. He has a BA from Columbia College and MA and Ph.D. from Columbia University.
John M. Meckler, Co-Portfolio Manager, since 2010 has been employed by MecklerMedia Corp. as a business development executive with emphasis on the 3D printing industry. Previously he was a creative executive at The Film Department. He has a BS in finance from the McDonough School of Business, Georgetown University.
For Investment Information About The Fund Contact:
International Telephone: +1-207-347-2175
3D Printing, Robotics and Technology Fund (http://www.3dpfund.com)
(Investor Class) TDPNX; CUSIP: 69011Y404, Minimum Investment: $2,500.
(Institutional Class) TDPIX; CUSIP: 69011Y305, Minimum Investment: $100,000.
Before investing in 3D Printing, Robotics and Technology Fund you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other important information is contained in the Fund's prospectus, a copy of which may be obtained by calling (855) 330-6225 or by visiting the Fund’s website at www.3dpfund.com. Please read the prospectus carefully before investing.
An investment in the Fund is subject to risk, including the possible loss of principal amount invested, that are fully discussed in the Fund’s prospectus and include technology risk, the risk of short product cycles and rapid obsolescence of products and services; manufacturing company risk, affected by supply and demand for their specific product; new industry risk and other equity securities risk. A decline in the value of or default by a single security may have a greater negative effect than in a diversified portfolio. Investments in small and medium capitalization companies may be less liquid and their securities’ prices may fluctuate more than those of larger, more established companies.
Foreign investments may be subject to the same risks as domestic investments and additional risks which include international trade, currency fluctuation, and political, regulatory and diplomatic risks, which may affect their value. Foreign investments may also suffer from a lack of timely or reliable financial information. Emerging markets investments are subject to additional risks due to greater political and economic uncertainties as well as a relative lack of information about companies in such markets. Investments in ADRs, which are depositary receipts for foreign company stocks, are not themselves listed on a U.S. exchange.
Preferred stock is a class of a capital stock that typically pays dividends at a specified rate. The market value of preferred stock generally decreases when interest rates rise and is also affected by the issuer's ability to make payments on the preferred stock. Investments in convertible securities subject the Fund to the risks associated with both fixed-income securities and common stocks. If a convertible security investment’s value is greater than its conversion value, its price will be likely to increase when interest rates fall and decrease when interest rates rise, as with a fixed-income security. The Fund has industry concentration risk and regulatory risk. There is no guarantee the Fund will achieve the investment objective. The Fund may not be suitable for all investors.
Foreside Fund Services, LLC is the distributor for the 3D Printing, Robotics and Technology Fund in the United States only.